Prior to assuming leadership of the Company's strategy, Mr. Deaver served as executive vice president of marketing, leading the development of both the Avis and Budget marketing strategies designed to build brand image, customer loyalty and market share.

Mr. Deaver has over 20 years of marketing experience, the past ten spent on various assignments of increasing responsibility within Avis Budget and its predecessor companies Cendant Corporation and HFS Incorporated. Most recently, he was chief marketing officer for move.com, an online real estate and home services portal launched by Cendant. Before leading move.com marketing, Mr. Deaver was senior vice president of corporate marketing at Cendant, working with the company's entire portfolio of travel, real estate and direct marketing brands. He has also worked as a marketing executive for several major hotels brands, including Ramada, Howard Johnson and Holiday Inns.

Mr. Deaver earned a Ph.D and Master of Arts in English from the University of Texas at Austin and earned a Bachelor of Arts Degree from the University of the South.